European Border Changes Over Last 1000 Years

Courtesy of Mish. To help put the Russia-Ukraine battle over Crimea in proper perspective, here’s a long historical look at European borders. Link if video does not play: European Border Changes over Last 1000 Years Mike “Mish” Shedlock http://globaleconomicanalysis.blogspot.com Continue Here

5 Things To Ponder: Serious Stuff

  Courtesy of Lance Roberts of STA Wealth Management There was so many good things to read this past week that it was hard to narrow it down to a topic group.  After a brief respite early this year, the markets are hitting new highs confirming the current bullish trend.  As a money manager, this requires […]

To Understand the News, Follow the Money. To Follow the Money, Follow the Economic Hitmen.

To Understand the News, Follow the Money. To Follow the Money, Follow the Economic Hitmen. Courtesy of Jesse's Cafe Americain  "Plunderers of the world, when nothing remains on the lands to which they have laid waste by wanton thievery, they search out across the seas. The wealth of another region excites their greed; and if […]

US Government Officials Said To Be Working On ‘Media-Leak’ Legislation To Impose Censorship

US Government Officials Said To Be Working On 'Media-Leak' Legislation To Impose Censorship Courtesy of Jesse's Cafe Americain Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to […]

What The Hell Is That Ticking Sound In My Head! Household Wealth – The Real Story

  Courtesy of Lee Adler of the Wall Street Examiner Yesterday the media got all bulled up over the Fed’s new data on household wealth showing that it hit a record in the fourth quarter of 2013. As usual with Wall Street’s chattering media class, this wasn’t quite the whole story, at least not the […]

Can The United States Rule The (Energy) World?

Courtesy of Daniel J. Graeber of OilPrice.com, Geopolitical crises in Eastern Europe have been met with calls in the United States to use energy as a foreign policy tool. With U.S. Energy Secretary Ernest Moniz asking the industry to make a stronger case, however, it's domestic policies that may inhibit energy hegemony. "The industry could do […]

World Justice Project: 2014 Rule of Law Report Recommended

Courtesy of Larry Doyle. Among various reports that I look for on an annual basis, I appreciate the Rule of Law Index produced by the World Justice Project as much as any. Why do I anticipate reading and reviewing this report so much? Because  we are a nation of laws and not of men. At […]

Never Turn Down a Free Gift

By Paul Price of Market Shadows We Cashed in on the Big Gift From Big Lots Today Market Shadows doesn’t mind taking favors from overreactions. Close-out retailer Big Lots (BIG) jumped dramatically on the opening and just beyond, after reporting fourth quarter results that beat estimates on an adjusted basis. We sold our 100 share position […]

How Watching Market Psychology Can Help You Time the Market

How Watching Market Psychology Can Help You Time the Market  Elliott wave patterns in price charts reflect the struggle between the bulls and bears. Watch Elliott Wave's video illustrating this point here. Text version below. Two economic reports hit the newswires Thursday morning (March 6). Both were important, yet each one had the opposite implication for […]

How Watching Market Psychology Can Help You Time the Market

Elliott wave patterns in price charts reflect the struggle between the bulls and bears as shown in Elliott Wave International’s video. (Text version below.) Two economic reports hit the newswires Thursday morning (March 6). Both were important, yet each one had the opposite implication for the trend. The market chose one report over the other, and […]

China Sides With Russia On Sanctions; Ambassador Warns “Western Nations Would Be Hurting Themselves”

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. Amid a Russian spokesperson "hoping" tensions do not escalate into a new cold war with the US, China has come out (perhaps unsurprisingly) on Russia's side strongly condemning any sanctions: "China has consistently opposed the easy use of sanctions in international relations, or using […]

US Guided-Missile Destroyer Truxton Has Entered The Black Sea

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. As we reported yesterday, after getting permission to cross the Bosphorus, the guided-missile destroyer USS Truxton departed the Greek port of Souda Bay on its way to the Black Sea. As of a few hours ago, it is already there. Sky News reports that […]

Bill Gross Responds: “Sick Of [El-Erian] Undermining” Him

  Bill Gross Responds: "Sick Of [El-Erian] Undermining" Him Courtesy of ZeroHedge Following last week's discovery that Mohamed El-Erian was "sick of cleaning up [Bill Gross’s] shit" as tensions soared at PIMCO, the "bond king" has struck back blasting to Reuters that he's "so sick of Mohamed trying to undermine me," claiming El-Erian wrote the […]

Debt Rattle Mar 7 2014: The US Economy’s Volatile Inertia

Courtesy of The Automatic Earth. Jack Delano Milk Woman Taking Over In Wartime, Bryn Mawr, Pa. June 1943 175,000 new jobs (we await revisions) and a rising unemployment rate (6.7%). Which was not due to people re-entering the labor force, as has been suggested, since the labor force participation rate remained stuck at 63%. This […]

Nonfarm Payrolls +175,000, Household Survey +42,000; Unemployment Rate 6.7%

Courtesy of Mish. Initial Reaction Nonfarm Payrolls rose by 175,000 vs. a Bloomberg consensus expectation of 150,000. The employment change for December 2013 was revised up by 9,000 (from +75,000 to +84,000), and the employment change for January 2014 was revised up by 16,000 (from +113,000 to +129,000). The overall effect was a modest two-month […]

Record Jobs For Old Workers; Everyone Else – Better Luck Next Month

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. We have long been pounding the table (certainly since mid-2012) that the US labor market has become a place where mostly older workers – those 55 and over – are hirable – something which has nothing to do with demographics, and everything to do […]

Is That Broker Soliciting You an Ex-Con?

Courtesy of Larry Doyle. Not that we needed any more evidence that Wall Street’s primary self-regulator is a challenged organization when it comes to protecting investors, but in a lead commentary in today’s Wall Street Journal we get it: The Financial Industry Regulatory Authority “routinely” strips out some possible red flags on brokers from its database […]

Gazprom Warns Of “Repetition Of 2009 Gas Situation” In Ukraine

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. We have discussed the sword of Damocles that is hanging over the heads of the Ukrainian (and European for that matter) people for some time. The dominant role that Russia plays in providing energy is becoming critical, however, as Gazprom notes: *GAZPROM SAYS TODAY […]

T. Hoenig: ‘TBTF’ Banks Insufficient Equity Capital; The Case for Glass-Steagall

Courtesy of Larry Doyle. I inadvertently overlooked a recent commentary written by a Sense on Cents favorite, Simon Johnson, that ran at Project Syndicate. Johnson writes a fabulous piece entitled Truth From the Top highlighting the work of former Fed governor Thomas Hoenig about just how fragile our banking system truly is and how the politics […]

Will the slowdown in US services sector reverse with warmer weather?

Will the slowdown in US services sector reverse with warmer weather? Courtesy of SoberLook In trying to assess the trajectory of the US economy, one is struck by the recent divergence between the manufacturing and the services sectors. Manufacturing in the United States has picked up steam recently in spite of some weather-related headwinds (see chart). […]

China’s credit markets under pressure

China's credit markets under pressure Courtesy of SoberLook.com China's corporate sector has been hit with escalating credit problems. Here is the latest: 1. Shanghai Chaori Energy Science and Technology is about to miss a coupon payment on its bond (see story). 2. As a result, Suining Chuanzhong Economic Technology Development and 2 other companies scrapped their […]

It’s So Cold … Polar Bears Taken Inside; Hundreds of Students Arrested Protesting Keystone Pipeline; Global Warming or Global Cooling?

Courtesy of Mish. Seriously misguided students are up in arms over the possible revival of the Keystone Pipeline project from Canada to the US. Their concern is greenhouse gas and global warming. The notion that global warming is caused by man-made greenhouse gasses is questionable enough. The globe has gone through periods of glaciation and […]

Bacon, Inflation, And “What Gets Measured Gets Managed”

Courtesy of ZeroHedge. View original post here. Submitted by Tyler Durden. Core inflation, which excludes the effect of food and energy prices and is how every self-respecting economist measures price increases, is up 8.75% over the past five years. However, as ConvergEx's Nick Colas notes, this is a poor indicator for the true cost of […]

The Top 12 Signs That The U.S. Economy Is Heading Toward Another Recession

Courtesy of Michael Snyder of The Economic Collapse Is the U.S. economy steamrolling toward another recession?  Will 2014 turn out to be a major "turning point" when we look back on it?  Before we get to the evidence, it is important to note that there are many economists that believe that the United States never actually […]